{"id":3917,"date":"2022-10-11T13:17:46","date_gmt":"2022-10-11T13:17:46","guid":{"rendered":"https:\/\/decentro.tech\/blog\/?p=3917"},"modified":"2024-06-13T11:17:35","modified_gmt":"2024-06-13T11:17:35","slug":"precize-case-study","status":"publish","type":"post","link":"https:\/\/decentro.tech\/blog\/precize-case-study\/","title":{"rendered":"How Precize Leveraged Decentro To Enable Customers To Invest In India’s Private Companies"},"content":{"rendered":"\n
\"Precize\"<\/figure>\n\n\n\n

Let\u2019s go back to the history of private equity – as far back as the 1850s during the industrial revolution in the United States of America.<\/p>\n\n\n\n

In the pre-history of investing in private equities, investors have been acquiring businesses and making investments in privately-held entities ever since the dawn of the industrial revolution. However, due to certain restrictions imposed on American banks under the Glass-Steagall act during the 1930s, the private banking industry was unheard-of in the United States; quite atypical for a developed nation. With very few exceptions, investment options in private equity were only accessible to wealthy individuals and families during the first half of the 20th century.<\/p>\n\n\n\n

Cut to the 21st<\/sup> century.<\/p>\n\n\n\n

And if there’s one company that is aiming to unlock the private equity investment options for millennials, then it’s Precize<\/a>. To win the game of investment when everyone is rolling their money into the same mutual funds and the stock market, you need more than a good stock to yield higher profits. What about investing in privately-held, yet growing companies? Seems quite untapped. However, given the current state of infrastructure in India \u2013 not to forget the job of getting credible info about a private company \u2013 the opportunity seems pretty far-fetched.<\/p>\n\n\n\n

In this case study, we\u2019d be having an insight into Precize, an investment app offering investment opportunities in private companies by leveraging Decentro<\/a>\u2019s custom suite of financial API for banking integrations.<\/p>\n\n\n\n

Let’s Introduce Precize<\/h2>\n\n\n\n

That\u2019s where Precize takes the lead! Just as investments in public companies are getting convenient, Precize \u2013 built by the former teams at Deloitte, Bain & Company, and Morgan Stanley \u2013 is aiming to disrupt the private equity market by easing out the process. <\/p>\n\n\n\n

But how exactly Precize is facilitating such service in an industry which is widely scattered? That is with their digital infrastructure, web of connections, and references. From taking the decision to the setup process of owning the shares in companies, the process is simplified into four easy steps:<\/p>\n\n\n\n

  1. Reserve Access<\/li>
  2. Login To Portal<\/li>
  3. Confirm Demat<\/li>
  4. Invest & Diversify<\/li><\/ol>\n\n\n\n
    \"Process
    Process Flow<\/figcaption><\/figure>\n\n\n\n

    The Challenges Faced By Precize<\/h2>\n\n\n\n

    However, Precize had to face significant challenges in exploring any untapped industry. Since investments are illiquid and owning equities in privately-held companies generally requires a large financial commitment, interested parties often face challenges in understanding the investment partnership, funds, and the terms of obligations. In most cases, it’s recommended to deal with an advisory firm with the requisite knowledge and skills. However, that removes any option for minimum investment where advisory fees simply wouldn\u2019t outweigh the profits.<\/p>\n\n\n\n

    Decentro\u2019s Banking Integration API To The Rescue<\/h2>\n\n\n\n

    What was still promising is that the team at Precize wasn’t newly introduced to this challenge. Thanks to Y Combinator, Precize connected to Decentro as they continued to discover Decentro\u2019s APIs, proceeded with using Decentro\u2019s services, and have been satisfied with the leverage they got.<\/p>\n\n\n\n

    How Decentro Is Continuing To Empower Precize<\/h2>\n\n\n\n

    One of the many challenges Precize faced was payment collection and UPI integration. But with Decentro and its partnership with Yes Bank enabling co-branded cards for payment collection and UPI, the process became much more effortless. Here are the two major offerings by Decentro used by Precize:<\/p>\n\n\n\n

    \"\"\/<\/figure>\n\n\n\n

    1. Payment Collection:<\/strong> Thanks to Decentro and its partnership with leading banks to enable co-branded cards, payments can be directly accepted and transferred to virtual cards. What’s unique is that such virtual card accounts<\/a> identify the source of any incoming money, making reconciliation much easy.<\/p>\n\n\n\n

    2.   UPI Integration:<\/strong> If a brand wants to target a millennial audience \u2013 especially for a business model requiring monetary transactions \u2013 what better way could be there other than supporting the nationwide payment infrastructure of UPI<\/a>? Decentro has made it easy for Precize to accept payments and transactions via UPI.<\/p>\n\n\n\n

    The Results Precize Got With Decentro’s Banking Integration API<\/h2>\n\n\n\n

    Of course, to demonstrate a successful service, the numbers are required to support it! And Precize has plenty to show. The unique offerings by Precize have attracted prominent individuals in the FinTech space, notably Rachana Ranade, Shashank Udupa, and Sharique Samsudheen. Not to forget, Precize now offers investment opportunities in private companies such as Capgemini, Pharmeasy, Fino Paytech, Hero Fincorp Limited, and much more. To get started, all you need is just Rs 10,000 and you benefit from a simple, hassle-free investment experience with just three steps.<\/p>\n\n\n\n

    \"\"<\/figure>\n\n\n\n